Wednesday, February 25, 2015

Audit the Fed

Andrew Jackson had this to say to the Bank of the United States in 1834:

I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the Bank. You tell me that if I take the deposits from the Bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out and, by the Eternal, I will rout you out.

The Fed, which creates our money and loans it to the government at interest, ponder that, doesn't want to be audited. Well that's really weird.

7 comments:

Who would audit the Federal Reserve? As I presently understand things, they don't believe that they even answer to God. They are not part of USGOV. I think that we trust them and they audit themselves.